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Allianz Commercial appoints Alex Ktenidis as Director of Digital Trading & ALP

Press release -

Allianz Commercial appoints Alex Ktenidis as Director of Digital Trading & ALP

Allianz Commercial has today announced the appointment of Alex Ktenidis to a senior leadership position as director of digital trading and Allianz Legal Protection (ALP).

In his new role, which is effective immediately, Alex will be responsible for leading the profitable growth of both our digital trading and legal protection businesses.

Alex has been with Allianz since 2014 and has held a number of leadership roles across distribution, corporate strategy and transformation for both domestic and global business units. Most recently, he worked in Munich as Strategic Transformation Leader delivering Allianz Commercial globally, building our strengthened go-to-market strategy for mid-sized businesses, large enterprises, and specialist risks.

Nadia Côté, MD Allianz Commercial, said: “Alex brings with him a wealth of knowledge of our Commercial business and a reputation for strong leadership and innovation. Having started his Allianz career in the UK, we’re pleased to warmly welcome him back so that he can help in leading us towards becoming the number one Commercial insurer in the UK."

Alex is replacing Helen Bryant, who has decided to leave Allianz to pursue new opportunities. Helen joined Allianz in 2001 and has held several different leadership and strategic roles, including in the broker markets businesses.

Nadia added: “Throughout her career at Allianz, Helen has made a significant contribution to the success and growth of the company. I’d like to thank her for her commitment and dedication, and I wish her all the best for the future.”

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About Allianz Holdings plc

Allianz Holdings plc is the non-regulated holding company which owns the principal insurance operations of Allianz SE in Great Britain including Allianz Insurance

About Allianz

The Allianz Group is one of the world's leading insurers and asset managers with more than 122 million* private and corporate customers in more than 70 countries. Allianz customers benefit from a broad range of personal and corporate insurance services, ranging from property, life and health insurance to assistance services to credit insurance and global business insurance. Allianz is one of the world’s largest investors, managing around 717 billion euros** on behalf of its insurance customers. Furthermore, our asset managers PIMCO and Allianz Global Investors manage about 1.7 trillion euros** of third-party assets. Thanks to our systematic integration of ecological and social criteria in our business processes and investment decisions, we are among the leaders in the insurance industry in the Dow Jones Sustainability Index. In 2022, over 159,000 employees achieved total revenues of 152.7 billion euros and an operating profit of 14.2 billion euros for the group***.
*Including non-consolidated entities with Allianz customers.
**As of March 31, 2023
***As reported – not adjusted to reflect the application of IFRS 9 and IFRS 17.


Cautionary note regarding forward-looking statements

This document includes forward-looking statements, such as prospects or expectations, that are based on management's current views and assumptions and subject to known and unknown risks and uncertainties. Actual results, performance figures, or events may differ significantly from those expressed or implied in such forward-looking statements. Deviations may arise due to changes in factors including, but not limited to, the following: (i) the general economic and competitive situation in the Allianz Group's core business and core markets, (ii) the performance of financial markets (in particular market volatility, liquidity, and credit events), (iii) the frequency and severity of insured loss events, including those resulting from natural catastrophes, and the development of loss expenses, (iv) mortality and morbidity levels and trends, (v) persistency levels, (vi) particularly in the banking business, the extent of credit defaults, (vii) interest rate levels, (viii) currency exchange rates, most notably the EUR/USD exchange rate, (ix) changes in laws and regulations, including tax regulations, (x) the impact of acquisitions including and related integration issues and reorganization measures, and (xi) the general competitive conditions that, in each individual case, apply at a local, regional, national, and/or global level. Many of these changes can be exacerbated by terrorist activities.

No duty to update

The Allianz Group assumes no obligation to update any information or forward-looking statement contained herein, save for any information we are required to disclose by law.

Contacts

Paul Platt

Press contact Head of External Communications 07385 340347
Sian Baker

Sian Baker

Press contact External Communications Manager 07891 570995
Sara Robinson

Sara Robinson

Press contact External Communications Manager 07918 470463

David Gwyer

Press contact External Communications Manager 07384 533714